Liberty Gold Corp. is pleased to announce drill results from the Western Zone and Dip Slope Zone at the 100% controlled Goldstrike Gold Project in southwestern Utah. Throughout the Historic Mine Trend, the aggressive exploration program is focused on building continuity between the target areas and linking them together over large areas into continuous zones of mineralization.

The current drill results from the Western Zone are from holes drilled along the north margin of the Moosehead-Caribou Pit, and from the northern margin of the Beavertail Pit and mineralized zone, located 300 metres to the south of the Moosehead Pit.

Highlights from the Moosehead Pit area, Western Zone, include:

0.59 grams per tonne gold (g/t Au) over 50.3 metres (m) in PGS413

1.70 g/t Au over 24.4 m within 1.13 g/t Au over 45.7 m in PGS414

0.48 g/t Au over 35.1 m in PGS416

3.09 g/t Au over 4.6 m within 1.14 g/t Au over 30.5 m in PGS418

2.06 g/t Au over 4.6 m within 0.80 g/t Au over 47.2 m in PGS422

KEY POINTS

The highlight holes complete drilling on approximately 50 m-spaced fences along the north margin of the Moosehead Pit, over an east-west strike length of approximately 300 metres.

The holes extend unmined surface and near-surface mineralization to depth in a north-northwest direction.

The zone appears to extend further to the west, and awaits further drilling.

The drilling will add significantly to the mineralization endowment in the Western Zone.

The Dip Slope is a very large, relatively sparsely drilled area that spans over 2 square kilometres.

Current drill results include holes from the eastern Dip Slope Zone, which continues to yield excellent results in the area to the north of the Hassayampa historic pit.

A newly-accessed area of the central Dip Slope Zone, characterized by the presence of extensive jasperoid mineralization with surface grab samples up to 11 g/t Au, is also represented. Mineralization in this area starts at or near surface. Additional drilling is planned for this area.

Goldstrike is located in the eastern Great Basin, immediately adjacent to the Utah/Nevada border, and is a Carlin-style gold system, similar in many ways to the prolific deposits located along Nevada’s Carlin trend. Like Kinsley Mountain and Newmont’s Long Canyon deposit, Goldstrike represents part of a growing number of Carlin-style gold systems located off the main Carlin and Cortez trends in underexplored parts of the Great Basin. The historic Goldstrike Mine operated from 1988 to 1994, with 209,000 ounces of gold produced from 12 shallow pits, at an average grade of 1.2 g/t Au.